#CEXvsDEX101
📊 #CEXvsDEX101 🔍
🏛️ CEX (Centralized Exchange)
✅ User-friendly
🔐 Custodial wallets (platform holds your crypto)
⚡ Fast trades, high liquidity
📋 KYC/AML required
🔁 Examples: Binance, Coinbase
🌐 DEX (Decentralized Exchange)
🛠️ User-controlled wallets (non-custodial)
📉 Lower liquidity, slower trades
🙅 No KYC
🧠 Powered by smart contracts
🔁 Examples: Uniswap, PancakeSwap
💡 Which is better?
🔐 Want control & privacy? ➡️ DEX
💼 Want ease & speed? ➡️ CEX
👇 Comment below:
Which one do YOU use the most & why? 💬